Parex Resources Stock Fundamentals

PARXF Stock  USD 10.50  0.38  3.49%   
Parex Resources fundamentals help investors to digest information that contributes to Parex Resources' financial success or failures. It also enables traders to predict the movement of Parex Pink Sheet. The fundamental analysis module provides a way to measure Parex Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parex Resources pink sheet.
  
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Parex Resources Company Return On Equity Analysis

Parex Resources' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Parex Resources Return On Equity

    
  0.32  
Most of Parex Resources' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Parex Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Parex Resources has a Return On Equity of 0.3222. This is 116.27% lower than that of the Oil, Gas & Consumable Fuels sector and 81.9% lower than that of the Energy industry. The return on equity for all United States stocks is notably lower than that of the firm.

Parex Resources Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Parex Resources's current stock value. Our valuation model uses many indicators to compare Parex Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parex Resources competition to find correlations between indicators driving Parex Resources's intrinsic value. More Info.
Parex Resources is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.79  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Parex Resources is roughly  1.26 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Parex Resources' earnings, one of the primary drivers of an investment's value.

Parex Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parex Resources' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Parex Resources could also be used in its relative valuation, which is a method of valuing Parex Resources by comparing valuation metrics of similar companies.
Parex Resources is currently under evaluation in return on equity category among its peers.

Parex Fundamentals

About Parex Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Parex Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parex Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parex Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company was incorporated in 2009 and is headquartered in Calgary, Canada. Parex Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 371 people.

Currently Active Assets on Macroaxis

Other Information on Investing in Parex Pink Sheet

Parex Resources financial ratios help investors to determine whether Parex Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parex with respect to the benefits of owning Parex Resources security.